The Central Bank of the UAE (CBUAE) has cancelled the licence of insurance firm IRIS Health Services for not complying with the country's laws.
It's in "accordance with the applicable instructions and procedures for licencing health insurance third-party administrators," the authority added.
The CBUAE works to ensure that all insurance companies comply with UAE laws in a bid to safeguard the transparency and integrity of the insurance industry and the UAE financial system.
UAE expands support for Gaza healthcare system
The UAE has delivered a new humanitarian aid convoy to Gaza carrying 40 tonnes of medical supplies and four ambulances to support the territory’s strained healthcare system.
H.H. Sheikh Khaled approves AED1.54 billion in housing benefits
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved a housing benefits package worth AED1.54 billion for 1,074 citizens in the capital, ahead of Eid Al Adha.
Dubai Police crack down on beggars and illegal butchers
Dubai Police are urging the public not to deal with beggars or unlicensed itinerant butchers, especially during holidays and festive periods.
UAE, Saudi Arabia and allies condemn Israeli minister over flotilla detainees
The foreign ministers of the UAE, Saudi Arabia, Qatar, Jordan, Egypt, Turkey, Indonesia and Pakistan have jointly condemned Israeli National Security Minister Itamar Ben-Gvir over the treatment of detainees linked to a Gaza-bound flotilla.
UAE President joins call with Trump, regional leaders to discuss Iran peace deal
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has taken part in a joint call with leaders of the US, Bahrain, Qatar, Saudi Arabia, Jordan, Egypt, Turkey and Pakistan to discuss regional developments and efforts to advance diplomatic solutions.
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